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20121202
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Search Results 0 to 49 of about 53 (some duplicates have been removed)
Current
Dec 4, 2012 6:00am PST
wants. >> yeah. >> stephanie: serious plan. they are like they won the election. >> it is totally farfetched and they are like i don't understand why he doesn't want it. >> stephanie: all right. here she is, jacki schechner in the current news. >> good morning. we already know that ashley judd can show a much wider range of emotion that some. she has been taking steps to assess her options when it comes to running for office. she is doing opposition research on herself to see where she might be most vulnerable. mcconnell will be running for his sixth term another option is to run against senator rand powell in 2016. there is a briefings tomorrow on the september 11th attack on our console consoleate attack in benghazi they the talking points were watered down by the cia. it said the notes did contain reference to al-qaeda but the cia took it off. elizabeth warren has won a spot on the banking committee. sources are also saying that senator joe mansion will have a seat on the panel as well. that's good news. we're back after the break. stay with us. ♪ to me all the
CSPAN
Dec 6, 2012 8:00pm EST
election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing what he thought was best for south carolina and the united states. at the end of the day, that's as good as it gets. because if you're doing what you really believe in and you're not worried about being the most popular and people getting mad ought, then yo
MSNBC
Dec 7, 2012 7:00am PST
unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind closed doors and the reasoning behind it. let's listen. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it
CSPAN
Dec 6, 2012 12:00pm EST
who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing what he thought was best for south carolina and the united states. at the end of the day, that's as good as it gets. because if you're doing what you really believe in and you're
MSNBC
Dec 4, 2012 7:00am PST
this last election. now the republicans have moved toward him with a plan that acknowledges that they are going to give up some revenues. they want to do it through tax reform. he wants it it through rate hikes. so, look, there's movement. the fact that there's movement should be an encouraging thing for investors and anybody worried about solving problems. but until they move all the way there, and that's the trick, negotiations are all fine and good until you shake hands on the deal. >> let me play for you what another congressman said this morning. >> for republicans to do everything possible to shield the millionaires and ba billionaires from that tax increase is the reason that we are stuck. the moment they let go of that, we have a deal. >> so, again, going back to that original point s. there any way that you see negotiation going where tax rates rise on the wealthy and the republicans say, okay? it's hard to imagine given what the president campaigned on and it was the one singular thing that he repeated again and again and again on the campaign trail, jim, that he w
Current
Dec 6, 2012 6:00am PST
back and that's the solid election victory, where he reason quite explicitly on raising the tax rates on the top 2%. so he know the american people support it. the majority of romney voters on exit polls supported that position. so this is not just dealing with boehner. it's dealing with the american people. and the most important thing is to get a long-term component of the plan and the election results favor him, number 1. number 2 january 1st comes we put a bill on the floor, we quote lower taxes because we couldn't provide tax relief at that point for 98% of americans, and there's no way they would vote against that. >> stephanie: this raising the debt ceiling debacle he said is not a game i'm going to play again. >> we blew it last time. and if you remember the republicans for the first time in the history of the country, literally started playing russian roulette with america's credit, and it was such brinksmanship that we ended up having the markets panic and had the fist downgrade in the history of our country. and that cost billions of dollars to taxpa
CSPAN
Dec 6, 2012 11:00pm EST
is simply a process. you had an election. he took a bow for their own enslavement and often do. people forget this. they think world for freedom. i'm sorry, but there's a constituency that is per submission. this is a site goes fact of life that is not fully appreciated. in the west. so how do you go about it? to distinguish between democracy and liberalism and you try as best you can to promote the spirit of liberalism, even if it is procedurally at the expense of the brotherhood. >> your response to that? >> i'm listening to this discussion which i enjoy thoroughly, but my mind as to how we do this. and i would throw home one point that i'm trying to stress here that i may agree or disagree with some of the things said. the problem in washington is you look at the democracy, freedom and liberal promotion mechanisms we have. they're actually not as nimble as they need to be. i look at benghazi and answers questions about the talking points, but the bigger policy deployed when he set up is how do we influence the next faith? ambassador chris stevens who is killed to honor his memory. r
Current
Dec 3, 2012 6:00am PST
to college, keep a roof over their heads. that's the choice in this election. >> the administration is still asking you to send in stories about what being able to keep about $2,000 more a year means to you and your family. the president is planning to meet with state governors this week and the business roundtable, a big business lobbying group. this morning fiscal cliff negotiations appear to be at a stand still. treasury secretary tim geithner says the president's offer is unwavering. we're going to let tax rates go up for top earners and republicans will have to work with that reality. >> there is no responsible way we can govern this country with those low rates in place for future generations. those rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner
CNBC
Dec 4, 2012 9:00am EST
this, he's trying to distance himself from it right now. >> the president got re-elected. he's claiming he got re-elected in part because he wants to tax that 2%. he cannot go back on that. in the meantime, congress most of the republicans signed the grover norquist pledge which says you cannot tax that 2% more than anybody else. you can't increase the taxes. so we're at a stalemate and someone has to give and i don't see anyone giving right now. >> bank of america today commented on the let's jump crowd. the bungee jump crowd for which they think is a scenario. >> you wonder how much of that is in negotiating position. embraced early on by senator schumer, new york state's senior senator. we'll see. you know, there are those who believe if you want deficit reduction and are serious about it, we have one way to get there and it's called the fiscal cliff and will send us into recession but we may get deficit reduction but others believe we won't get spending cuts that we need. more will take place in defense which many argue does need to happen perhaps though not in the same way it does.
FOX Business
Dec 6, 2012 5:00pm EST
they give millions of dollars too every year in election campaigns. melissa: but you still said tax breaks. that is their money that they're hanging on to. it is not money they're getting back from congress. it is their money!. >> it is money that everyone else has to pay. you know, they get special tax break for, for instance if they want to make a project internationally, they have a special government-backed loan program at the u.s. export-import bank. last year that program alone provided $10.4 billion in fossil fuels. melissa: can i ask you would be be better like my children and wont out like the navy and spent $26 a gallon on biofuels or like the air force which is spending $59 a gallon. would that be better for my children if we were all doing that? i don't like the navy and air force doing that. i think that is bad for my children's future because it runs up the debt and deficit. >> the best thing for my children's future. i have two boys. one 10 years and one ten months and i'm worried about climate change and their future. we need to stop encouraging the industries that are caus
FOX News
Dec 8, 2012 11:00am PST
for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on the middle class portion of in tax? >> i think if he was allowed to say, look, republicans wouldn't come along on this. >> paul: wait, wait, hold, hold. 20 million people will be hit-- more people would be hit by the alternative minimum tax, for example, if nothing happens. that's, that, and you know where the taxpayers are, james, i hate to tell you they're in your state, in new jersey, connecticut and in new york, and they're in california and illinois. a lot of places where democrats govern, because they have the most deductions at the federa
MSNBC
Dec 6, 2012 10:00am PST
working inside the elected -- the elected claim ber of the united states stat or better off resigning and becoming head of the -- head of heritage? it was a no-brainer. you know -- >> remarkable. >> financial incentiveta. but it's remarkable and shows you limits in which being a united states senator -- i've talked to other senators who made the decision to try to get into leadership track who said it's no fun trying to be party of one or gang of six or gang of eight. it stinks especially ex-governors can't stand it in there. it is sad that you don't feel as if you can make a -- as big of a difference inside the senate as you can at a special interest group. welcome to politics of the 21st century. >> i couldn't agree more, chuck. frankly i think jim demint couldn't agree more. he said, i'm leaving the senate now but i'm not leaving the fight. i've decided to join the heritage foundation at a time when the conservative movement needs strong leadership in the battle of ideas. chuck, to your point. kelly, i want to go to you. in the midst, and we'll talk about the fiscal cliff in a minu
FOX Business
Dec 6, 2012 7:00pm EST
back in march. >> after my election, i have more flexibility. >> i understand. i just need permission -- lou: a full report on the disturbing turn of events in syria and the likely price of russian cooperation on syria. another middle east dictator, egyptian leader, morsi, with a concession to the opponents inviting them to hold talks on the crisis. is that enough to appease protesters who plan larger demonstrations tomorrow? we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaign trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down with a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's ultimatum driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the dictator trying to main
CSPAN
Dec 6, 2012 7:00am EST
elected office in america. i would like any democrats to tell me [indiscernible] during the whitewater investigation was the work under subpoena. that is evidence tampering. those are two felonies she has committed while she has been in the white house then thehost: bg that issue is something we should be concerned about customer -- do you think that issue is something we should be concerned about? drew is a democrat in baltimore. caller: good morning. host: what do you think about hillary clinton's future? caller: i think she is the next logical step that we need. my grandfather was a democrat in delaware. he served two terms. allyink she is what we re4all needs and what we need for the country to move ahead. host: steven is an independent from connecticut. caller: thank you for taking my call. i really like hillary clinton. i think she is a hard worker. i think her old man is a hard worker, too. whitewater was like three wars ago. that was a long time ago. i would like to see jeb bush run against hillary clinton. i think they can move our nation forward. host: if jeb bush -- if it is
CNBC
Dec 6, 2012 7:00pm EST
and that's one reason he's going. he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we have a pretty good caucus now. there's a real strong jim demint influence in our caucus. >> great stuff. senator rand paul, kentucky, thank you sir. all the best. >> thank you. >>> so besides praising jim demint, senator rand paul said something very interesting. he said he will not vote for a filibuster. he said, let larry reid, no filibust filibuster, 51 vote, simple majority and then he will vote no and let the democrats have the onus of the big tax hike. quite interesting. now here's a political threat. is the republicans at risk of becoming the party of the rich while p
CNBC
Dec 5, 2012 6:00am EST
talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. so i think a lot of what's going on is what you would expect to see in this negotiation, very public negotiation, which is not the best way to do it. i think at some point, the preside
CNBC
Dec 6, 2012 9:00am EST
they would want to sell it. >> revenues light as well. they are claiming not only the election, not only the cliff, but broad economic concern, traffic levels coming down on this. >> this is a very well run company that has missed and made and beaten, you can see the chart, missed, made, missed, made. this is not for strond. nordstrom. >> this week on twitter, they realize people are done playing with fake money they want to go to real money. >> they're looking for a gaming license. and i'm going to ask all of you, will this be the conversation, senator, if you would like, my final offer is this, this is zynga talking to garry. will that be a discussion between pinkas and the senator from nevada? >> you're hoping. >> that's the godfather ii, verbatim. that's what they need. zynga needs that gaming license. he needs a fee to be paid by the senator personally in order to make the quarter. david fiction, reality? >> your hope is that, exactly. >> senator geary. >> reality mirrors fiction. >> i think fiction is much better than reality because it's rational. is there a plaque, is there nick
Current
Dec 7, 2012 6:00am PST
will be revised down. and you'll see they will suddenly be revised down. after the election. wrong. [ buzzer ] >> stephanie: wrong. >> the bathroom scale revises my numbers upward every time i step on it. >> stephanie: it's a conspiracy exactly. oh, by the way, i understand the other thing that is working, jim, obamacare. [ bell chimes ] [ applause ] >> stephanie: chris, i think almost primarily just from my show jacki schechner clearly is leaking brain fluid. >> or snot. >> stephanie: she is like you. she is highly suggestionable jim. remember the morning that you had the ectopic pregnancy. >> it turned out to be gas. >> stephanie: jacki schechner called me this morn and she was like [ mumbling ] >> stephanie: okay. i thought it was my friend lily tomlin doing edith ann. all right, kids -- why are you looking so distressed this morning, have i made you sick as well? >> no, no. i'm just trying to put out a fire over here. >> stephanie: oh, okay. and what did he learn about t-bone yesterday? >> he has the esophagus of a cat, and the longest esophagus in the world. >> stephanie:
CNBC
Dec 3, 2012 6:00pm EST
the president won re-election, it does feel like the two sides are talking, but they appear to be talking past each other. the clock is ticking in washington. ticking against a dealing. i think the two sides seem to hate each other more than ever. i don't now, it seems like the last 72 hours i was hoping it was going to get better and it seems like it got worse. i spent a ton of time this weekend hanging with old college chum, grover norquist. he's as certain as ever that republicans who have impure thoughts about violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation without legislation. because the holidays are slated to begin in a couple of weeks. which doesn't give enough time to get the job done. so you have one side that ins t insisting on tax increases, and then you have the other side which has pledged no
CNN
Dec 4, 2012 8:00am PST
about even out on the campaign trail and the white house believes that, you know, the president was re-elected on that message, so the majority of americans agreed with him, and so this is really a nonstarter for democrats and for the president. they believe that the only way to really pull in revenue here is to go after wealthy americans, majority of americans won't be impacted. he wants those bush era tax cuts extended for middle class americans but believes that those upper income americans need to pay more. republicans though are resisting because they believe that what you're doing here is penalizing the very people who are the job creators, the ones who are sitting on the sidelines and won't invest, and if they have their taxes go up, they'll be impacted, won't be able to put more money into the economy, won't be able to help turn the economy around. so that really is sort of the big sticking point. the white house refusing to budge from it at this point. we'll see where it goes in the next coming days. >> topic two, that is that the president is meeting with the leaders of the national
Current
Dec 7, 2012 9:00am PST
into rush today to see why he was so incredibly wrong, he said for sure before the election -- you wait and see they are going to be revised way, way up, they just, you know fiddled with it my friends before the election -- and i'm guessing they will say they are still fixing the numbers just to make it look good and maybe next month he'll be right. hi bob, welcome. >> caller: good morning steph and mooks. >> stephanie: good morning. >> caller: i find it ironic that obama's reelection turned out to be jim demin's waterloo! [♪ circus music ♪] >> stephanie: see what you did there. that was one of those statements that obviously was rooting for the president's failure, but it was -- looking at the actual quote, he said if we are able to stop obama on this it will be a waterloo. we will break him. isn't that what they used to say about slaves. >> i don't think it was on purpose. it's hardball yes. >> stephanie: borderline treasonist sounding. >> yes. >> it could be a dog whistle or a horse whistle in this case. >> stephanie: that's what i mean an animal. exactly, jim. g
CBS
Dec 6, 2012 7:00pm EST
in the worst crisis there since the revolution two years ago. egypt's first elected president, mohamed morsi wanted to bring calm with a televised address tonight. he didn't. last month morsi granted himself near-absolute power. thousands of protesters are demanding that morsi scrap a proposed new constitution that they fear will take away many of their rights. holly williams is in cairo for us tonight. holly. >> reporter: well, scott, some people here thought that after days of protest and bloodshed, president morsi would make a major concession tonight but what he did offer won't be enough theirs opponents. they wanted him to immediately give up all of the sweeping new powers that he gave himself two weeks ago and they wanted him to postpone a referendum on egypt's new constitution, which is due to take place in under 10 days' time. they say that constitution doesn't protect the rights of all egyptians. but president morsi didn't do either of these things. instead, he offered to give up just one of his new powerses, a vaguely worded right to take all necessary steps to protect the country.
CNBC
Dec 3, 2012 9:00am EST
for years. >> even though democrats won the presidential election? doesn't that change the calculus? >> he would say these people are all safe seats if they don't get against the pledge. norquist has the division so to speak. he could destroy any republican who says the word tax increase. has he said -- he said if they're seduced by democrats in pure thoughts this is the so-called i can smell pornography when i see it. this is pornography for grover norquist. he can smell it when he sees it. he will target. he will destroy republicans who go against the pledge. he's much more powerful than any individual republican. and individual ceo. let's just face it. i've always felt he was the most powerful person in the class of '76 at harvard. enjoyed his success because he was a fellow member of the harvard crimson. i just disagree with him. terrific guy. >> with friends like that -- >> with all due respect to my ex-partner larry kudlow with all due respect. >> the treasury secretary talks about how he does not think that in the end the gop is going to prevent tax rates on the wealthiest from risi
CNBC
Dec 7, 2012 6:00pm EST
think it continues to have a breakout ahead of elections. >> watch the pivot point and aussie. >> that is it for us here at "money in motion." your next chance for a trade sunday afternoon. cnbc. have a great weekend. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere and i -- >> "mad money." you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to help you save some money. my job is not just to entertain you but i'm trying to educate and teach you. call me. 1-800-743-cnbc. you want to get a sense of just how important this -- i hate to even say it anymore -- fiscal cliff is? today we got an incredible employment report from the labor department. with 146,000 new jobs. i was looking for 90,000. the unemployment rate dropping to 7.7. i thought it might be 8%. and all this despite the effects of hurricane sandy. who kn
CNBC
Dec 5, 2012 4:00am EST
, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business of entertainment in asia, it's big. going to get even
FOX News
Dec 3, 2012 6:00am PST
can't be serious. we have 7 weeks went election and the end of the year and three those weeks have been wasted. bill: flabbergasted, rich. wasting time. three weeks gone by. >> well, yeah, i think this offer speaks more to a desire on the part of the white house to break and humiliate republicans than it does to have a serious negotiation. on the other hand way these things work. you can pretty much go to sleep until right at the end, then it's days before it's goark yaitd. but it wouldn't surprise me if we do go over the cliff. they should pass an extension of all these tax cuts, make it clear they want to keep them for everyone including have much for the middle class. john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address r
CNBC
Dec 3, 2012 6:00am EST
? there was an election. >> that was not a serious offer that was made. >> well, it was an offer and the republicans haven't made a serious or nonserious offer, joe. >> you've got to go through the house. where is the house plan? >> well, i don't know. but that's -- >> stay tuned. >> our guest hosts will be with us for the rest of the program. up next, we'll talk about monday morning markets. goldman sachs jim o'neill is our special guest. find out if europe or the fiscal cliff is keeping him up at night. >>> later, food for thought. our how dominos is handling economic conditions and their plans to hire for the holiday season. >>> do you think this group of people will find some common sense solution? >> yeah, i think they will. i'm not sure thooes they'll do it by december 1st. >> we know a lot about the opportunities are if they don't. >> in private, in my view, he'll get to something. >> we encourage congress to put aside the political rhetoric and rise above it to make sure we have revenue >>> welcome back, everybody. let's get a sense of where the market is heading in 2013. joining us right now is j
CNBC
Dec 3, 2012 1:00pm EST
talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but it is possible it could and the president believes having won the election he's on the high side. >> 2:00 on twitter. john, thanks very much. >>> one of the overhangs for the fiscal cliff for investors is what will happen on dividend tax rates. more and more corporations aren't waiting to find out exactly what happens with more than $22.5 billion worth of special difficult sends having been announced from 98 companies in the fourth quarter so far. today, hca, dish network, cato joining the list. jim iuorio is a cnbc contributor. >> i've been looking at this from every ang toll fiangle to find a tradable sort of angle. here's the one possibility that i h
CNBC
Dec 7, 2012 6:00am EST
answer, but in a minute. let me get to the big concern. the entire conversation since the election has been litigating gone squaquarter of the preside own architecture. all we're talking about is revenue, revenues, revenues. the white house has been absolutely silent on 75% of their own described remedy and that is where are the cuts. now, secretary geithner comes to capitol hill and with a straight face says we need to spend more money. we need more stimulus spending. look, i come from the state of illinois which is an example of what not to do. the state had the same underlying problems, that is runaway spending problems, and they came up with the wrong solution. raise taxes, don't deal with the underlying problem, chase an entrepreneurial class out. $7 billion in unpaid bills and higher average unemployment rate. it is a system for failure. so what's happening with my neighbors in illinois, and these are the people that are minkd their own business, not paying attention to all this stuff, all of a sudden they're looking up and saying why is it more expensive for my child to go to th
CSPAN
Dec 8, 2012 3:35pm EST
the cause. in the 2010 election cycle, he was one of the strongest voices is he h would a lost our way that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on america, jim undstands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing wt he thought was best for south carolina and the united states. at the end of the day, that's as good as it gets. because if you're doing what you really believe in and you're not worried about being the most popular and people getting mad ou
CNBC
Dec 2, 2012 7:30pm EST
called belief. all due respect to our elected officials, there was a fellow named la guardia, who during world war ii entered new york city as the mayor. one of the top three mayors in the united states of america, he went in when there was business problems. there were deficits, unemployment, just like it was today, horrible. but he made a statement that changed everything. it was this. i'm going to keep my promises and if i don't keep my promises, get me the hell out of there. we want to see more politician do this. make all these promises and don't follow through. if they did that, i have a thing called accountabilitycampaign.com where you say what your promises are. and add a small paragraph, i will do it my first year, start it my first year and tell you why i couldn't or resign. >> so you can with the accountability campaign you want to encourage transparency. >> full transparency and accountability. if my ceos or i myself didn't do what i promised or delivered i shouldn't have my job. get me out of there. la guardia did that. he reacted and had results within six months his result
CNN
Dec 6, 2012 9:00am PST
fighting since the election of egypt's mohammed morsi. the army called in the tanks when the protesters got close to the presidential palace. soldiers and armored vehicles shut down a demonstration by both supporters and opponents of the president. they left behind piles of rubble, burning cars, month sense of stability as a major nationwide vote gets one day closer. president morsi said a few hours ago he is going to address the egyptian people. he has not yet, but when that happens, we're going to bring that to you live. >>> nerve agents locked and loaded ready to be used against a syrian people. now, that scenario now a reality. that is according to nbc news. now, it says that syria's military has loaded the component chemicals for the deadly nerve gas into aerial bombs that could be dropped from their fighter jets. i want to bring in paula gorani about this because you have a different take on this. i know there's a lot of breath held. you say that they're not necessarily on that path. >> i believe that there's analysis that is very critical that the assad regime is not getting ready to
CSPAN
Dec 4, 2012 5:00pm EST
the economy or rurt the recovery, but it's largely driven by fear. no elected official likes to go back and talk to people about having raised their taxes. you can see that in things like the way the middle class is always exempted from everything on both sides of the aisle which has nothing to do with policy it's just got to do with a big group of constituents, you want to tell them you're going to be ok. all this conversation, i've been sitting here listen, i'm not a tax policy expert, is very abstract. this is a bunch of sort of guys in ties and one laity sitting around talking about these policy issues and if you stopped somebody in the aisle of a wal-mart and wanted to talk to them about taxes, there's nothing that's been said here which is the least bit persuasive to them. when i was mayor, raised property taxes twice, as governor raised taxes in one particular area when i was there in a very conservative state. the way i got it done was always to tie it very specifically to something that they could make a judgment, that they could make a judgment about. as mayor. i want to build
NBC
Dec 5, 2012 4:00pm EST
't regret taking the pictures. >>> first the white house, now the election. urging people to crash the vote. [ male announcer ] this commercial is not about getting fios; it's about getting fios. that moment after you finally got it, that you actually get it. when you can see blades of artificial grass in their full glory, you get it. or the first time you download a two-hour movie in two minutes, you get it. because once you've got it, you get it. [ female announcer ] it's faster. it's better. so, what are you waiting for? now you can get fios internet, tv and phone for just $79.99 a month guaranteed for two years with a two year agreement. act now and we'll add a special bonus -- $300 back. it's an amazing holiday deal. don't wait, this is a limited time offer. fios brings you internet ranked the fastest in the nation, and the best tv picture quality. it's 100% fiber optic, 100% different from cable. get fios for an amazing price online, just $79.99 a month guaranteed for two years with a two year agreement. and don't forget your special bonus -- $300 back. or get this great price with no
CNBC
Dec 5, 2012 9:00am EST
to the sixth which happens to be the election on tens, you will notice -- this is weird. this is a 21st session that we're going to be looking to close in a range between 158 and is 169. we were at the 175 mark. that was really a changing moment for treasuries. if you open the chart up to a 20-year chart, maybe sometimes some out there forget exactly how low these yields are. look at that 20-year chart. contrast it with s&p 500 chart. what a difference. obviously the feds program to push people to risk in some ways is working but in ways it's not working. look at flows. it's in treasuries. not in the equities. now if we look at the euro, let's look at euro from year-to-date. doesn't look bad. about month and a half high. let's go back to 2000. doesn't look nearly as good. the winning chart on perspective perspective is dollar/yen. look at that year-to-date. it looks like it's really going to explode. if you look at a 20-year chart, we're just dancing around the bottom. jim cramer, back to you. >> drives me crazy that i can't figure that out. let's check out the latest news in energy and metals.
CSPAN
Dec 5, 2012 8:00pm EST
a lot of leverage. i was a newly elected governor, i had a lot of political leverage and for various reasons i will not bore you with had the upper hand in the negotiations. i put the pedal to the metal. i won that round. however, the ill will that came from pushing to the other side was so strong that years later legislative leaders remembered how difficult that negotiation was and how unreasonable in their mind i was. we were still talking about payback six and seven years later in future negotiations. i share that -- as you think about not just this moment but the relationship between the congress and the president going forward. it is unclear whether there is enough republicans to support or even consider the rate increase generally, but at the very least i think they would want to see not just that question, but they would want to see what does it come with. i describe it as the two wings of the plane. people are working on one side, but not much discussion on the entitlement and structural spending reduction wing. republicans have put revenues on the table. there are lots of di
CNBC
Dec 4, 2012 3:00pm EST
in real estate. >> we all know it was a very hotly contested presidential election, and of course your dad, donald, has been on our program a lot. he was a big supporter of romney. there were stories going around that you said, dad, pull it back a bit. you don't have to be so negative on the president. is that what happened? >> it was fascinating because this was a widely circulated report that was without fact at all, and not one reporter actually called and asked the question you just did, which is, is that true? no, it wasn't. my father has been a very important part of the dialogue. he's been saying a lot of things that other people, you know, not wanting to be in a space where they're talking about politics, they don't see it as advantageous. they're not really speaking their minds. it would not be my place to tell him to tone anything down. >> are you worried about the fiscal cliff? how is business going? you're an entrepreneur in your own right. i want to talk to you about business, but how you preparing for the cliff? >> well, there's no way one can be preparing. you have to be thi
CNBC
Dec 5, 2012 5:00pm EST
what it believes to be a stronger hand here essentially coming off the election, melissa, they think they have the power here and also the polls are in their favor. we'll talk about that tomorrow when we talk about the cnbc all america survey. >> steve, thanks for that interview. exclusive with secretary geithner. let's pop and drop. canadian pacific railway up 4%. >> we didn't talk about this railroad but we talked about some of the railroads that might benefit from the strike. this is not a factor from that. the railroads are rallying. >> got a pop here for the ishares china 2025. jim? >> china broke out. a lot of people looking for ways to expose it. the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is do
CNBC
Dec 5, 2012 6:00pm EST
for the wealthy and the republicans say they were elected because they pledged to behind the scenes power broker grover norquist they would never raise taxes, it certainly seems that the impasse cannot be solved and we got to -- go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government man-dated recession, which is what it's amounted to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever been able to say to your boss, walk in, you know, hey, man i know i've got a huge project due, one that could bring down the whole company, but darn it all, hey, see you later, sport, i'm taking a vacation. i'm out of here! not only do i advocate no vacation without legislation, i want to know, a new one for you. a litmus test. i want to know which of these bitter politicians have tickets in their pockets to fly out of washington next week. i'm not kidding. i think we should ask each politician we int
CNBC
Dec 7, 2012 11:00pm EST
the elected obama and the unelected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global called the bottom in the slide over there by analyzing d
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